Can We Recover from the Public Debt Crisis? Of Course We Can

“If something cannot go on forever, it will stop.” – attributed to Herbert Stein

Is the world facing a public-debt crisis, or is too much debt just another headache we will muddle through? How can investors distinguish between countries that are likely to default or otherwise injure debtholders, such as through high inflation, and those that will resolve their debt problems and emerge stronger? How can countries deal with high and rising levels of debt and return their finances to a sound footing?

“Can We Recover from the Public Debt Crisis? Of Course We Can,” Advisor Perspectives, June 9, 2015.